All eyes turn back to inflation and rates as the economy is creating jobs. Scouting the reopening trade for Q2.
Chart is self explanatory. Don't invest and trade blindly.
continues to trade within the broadening pattern. The growth bounce stalled, and the bond continues to hold in EQ
NYSE:VSCO daily: Inverse head and shoulders bottom MACD turning positive 20 EMA above 50 EMA and both are accelerating up Today's close was the highest in months
Luna is looking bullish with a possible inverse Head & shoulder on the 2h timeframe that could make the price go to 68-70$ The last low got rejected with huge force. Just my basic trend analysis. I am not a financial advisor.
Price is likely to come all the way down to hit 1.34500/1.34400 then bullish all the way to the next psychological level @1.3550. This projected move has a very high probability of occuring so watch out. Don't buy just yet, our bearish move isn't quite complete yet because at the moment. price in H1 got stuck in the 200EMA and it's gathering volume to break that...
Looking at the 4-Hour view on Gold, we see that we have a potential inverted head and shoulders pattern playing out. However, we have not yet seen a retrace to the neck zone (Labeled on the chart ). As we are Breakout/Retest traders, we always always always like to see a retrace back to where the initial break out occurred from before we considered entering. ...
Volatility is the name of the game as the major indexes were in a big range all week. The Nasdaq is testing it's 2 hour UBB with a Bull Flag under resistance. The Russell 2000 also has a Bull Flag after finding 2hr LBB support, setting up a potential Lower High under the 2h 50 SMA. The Bonds gave back the bull break during the FOMC meeting and are now showing a...
#BTC/USDT $BTC shaped a head and shoulders pattern, that it can be a right shoulder of bigger head and shoulders. smaller H&S can be completed around upper line of channel at $39500. that this price is around neckline of bigger H&S that breaking it will increase price toward $43k.
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! BTC is getting momentum to the upside. If traditional markers hold up we can get a wild ride for BTC.
Hey traders, As you can see on the 4HR on NuCypher (NU), an inverse Head and Shoulders is forming. This could eventually breakout to $.56-59. Hopefully this helped you! Safe trading, -Pulkanator
Nintendo is breaking through the Neckline of an Inverse Head and Shoulders pattern visible on the Daily timeframe and looks to be targeting the a Fibonacci Retrace to the upside. I will be targeting the .786 and the .886 for Profit Taking.
This is my current Idea of BTC for the next Hours and Days. The Volume is dropping slowly and we should normaly see a retest of the low, so we see a iHS This would perfectly fit into my prediction from 30.12.2021 to my big Wedge as a retest From here we sould bounce down to my daily big HS down to 25-28k Then up for a big retest and mega HS... Lets see...
Stop loss - @1.12530 Take profit - @1.1350 Entry - @1.9.9.1.x.x.x.1.3.0.4 This is a pretty straight forward trade but straightforward hasn't really been the strong suit of prices lately due to inflation but fundamentals support this trade so we'll see. Reason for this trade 1. Strong fundamentals. 2. Strong confluences (trendline, H4 support). 3. The action...
#BTC/USDT $BTC shaped a head and shoulders pattern in 1h time frame. now price is below neck line. break out from neck line ca increase price toward $41900. rejection from neck line can drop price to ascending trend line that is the same with daily ascending support around $35k.
...MANA is completing an Inverted Head and Shoulders pattern with a price target of +15% (around $2.44). It should follow the Green ascending channel as it makes this rebound. It won't make up for the recent tank, but at least it is in the positive direction. Will it hold? We shall see. If MANA doesn't break out as the pattern indicates, I assume it will...
RTY set the Higher Low after a break and cross of the 15 min8 EMA and MBB.
Hi All, Please refer chart for detailed explanation on technical analysis. Current price is low as compared to book value also there are high chances of Target 2. I will be buying at all support zone because I'm very much sure that it will reach around 160 levels in few months. For long term it can also go up to 200 levels. You can also check my ITC trade for...